GBPJPY Daily Chart 600/700 pips movement.

24 thg 4, 2020

GBPJPY had really small volume lately. It is laying in a supply zone at the moment, I believe it to reach the first demand zone that I have traced in the next two weeks. My indicators and my algorithm gave me the confirmations that my opinion about the trend could be possibly correct. Next week fundamentals might play an important role, as UK has the strongest COVID19 strain along with the US at the moment.